SHAH ALAM, April 29 (Bernama) -- The Selangor State Development Corporation (PKNS) is committed to produce a generation of young entrepreneurs through the Tunas Niaga (Protune) programme and Entrepreneurial Pilot programme that have been carried out since 1998. PKNS chief executive officer Noraida Mohd Yusof said the programme to make entrepreneurship as a culture among primary and secondary school students was provided by PKNS under the supervision of the Entrepreneur Development Division. "Such programmes aims to provide exposure on the actual business environment and opportunities to students to gain experience in directly interacting and communicating with the buyers," he told reporters after officiating the Protune and PPU sales promotion programme here today. The four-day programme, which began on Thursday until tomorrow, is organised by KNS jointly with the Selangor Education Department. It is attended by 192 students from 50 primary and secondary schools throughout Selangor. Noraida said since its inception until last year, 20,650 students and 1,652 counselling teachers had taken part in the Protune programme. "For the PPU programme, introduced since 2007, 120 students have participated in it, among others, involves the sale of products in schools, PPU camp and sales promotion undertaken to nurture an interest in entrepreneurship among primary school students. Noraida added PKNS also provided entrepreneurship programmes for various ages such as those that catered to graduates and contractors. -- BERNAMA
Saturday, 29 April 2017
PKNS COMMITTED TO PRODUCE YOUNG ENTREPENEURS
Friday, 28 April 2017
A.M. BEST AFFIRMS CREDIT RATINGS OF NATIONAL REINSURANCE CORPORATION OF THE PHILIPPINES
SINGAPORE, April 28 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of National Reinsurance Corporation of the Philippines (NRCP) (Philippines). The outlook of these Credit Ratings (ratings) remains negative.
The ratings reflect NRCP’s strong risk-adjusted capitalization and low net underwriting leverage.
NRCP’s risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), is supported by its low underwriting leverage. NRCP has low premium retention and cedes a significant portion of risk to a panel of highly rated retrocessionaires.
http://mrem.bernama.com/viewsm.php?idm=29000
The ratings reflect NRCP’s strong risk-adjusted capitalization and low net underwriting leverage.
NRCP’s risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), is supported by its low underwriting leverage. NRCP has low premium retention and cedes a significant portion of risk to a panel of highly rated retrocessionaires.
http://mrem.bernama.com/viewsm.php?idm=29000
NASDAQ REPORTS RECORD QUARTERLY EARNINGS; ANNOUNCES 19% INCREASE IN QUARTERLY DIVIDEND
NEW YORK, April 27 (Bernama-GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq:NDAQ) today reported financial results for the first quarter of 2017. First quarter net revenues were $583 million, up $49 million or 9% from $534 million in the prior year period. The first quarter increase in net revenues included a $50 million positive impact from acquisitions and $15 million, or 5%, organic growth in non-trading segments, partially offset by a $12 million organic decline in Market Services net revenues driven by lower industry trading volumes, as well as an overall $4 million impact from unfavorable changes in foreign exchange rates.
"I'm pleased Nasdaq was able to set new highs in terms of operating income and EPS, and deliver continued strong organic revenue growth across the non-transactional businesses, despite a challenging trading volume environment," said Adena T. Friedman, President and CEO, Nasdaq. "Importantly, we are seeing growth in areas where we've invested materially to innovate for the benefit of our clients, bringing them new or enhanced capabilities and efficiencies, in particular in the Market Technology, Information Services and Corporate Solutions businesses."
"I'm pleased Nasdaq was able to set new highs in terms of operating income and EPS, and deliver continued strong organic revenue growth across the non-transactional businesses, despite a challenging trading volume environment," said Adena T. Friedman, President and CEO, Nasdaq. "Importantly, we are seeing growth in areas where we've invested materially to innovate for the benefit of our clients, bringing them new or enhanced capabilities and efficiencies, in particular in the Market Technology, Information Services and Corporate Solutions businesses."
NASDAQ ANNOUNCES 19% INCREASE IN QUARTERLY DIVIDEND TO $0.38 PER SHARE
NEW YORK, April 27 (Bernama-GLOBE NEWSWIRE) -- The Board of Directors of Nasdaq, Inc (Nasdaq:NDAQ) has declared a regular quarterly dividend of $0.38 per share on the company's outstanding common stock, an increase of 19% from the prior $0.32 per share quarterly dividend.
The dividend is payable on June 30, 2017 to shareowners of record at the close of business on June 16, 2017. The Board of Directors has adopted a dividend policy with the intention to provide shareholders with regular and growing dividends over the long term as earnings and cash flow grow.
The dividend is payable on June 30, 2017 to shareowners of record at the close of business on June 16, 2017. The Board of Directors has adopted a dividend policy with the intention to provide shareholders with regular and growing dividends over the long term as earnings and cash flow grow.
Eastspring Declares Income Distribution For Eastspring Investments Target Income Fund 5
KUALA LUMPUR , April 27 (Bernama) -- Eastspring Investments Bhd has announced a gross income distribution of 0.0592 sen per unit or a dividend yield of 5.75 per cent for the Eastspring Investments Target Income Fund 5, for the financial year-ended Dec 31, 2016.
All unit holders who have maintained their holdings in the fund as at April 26, 2017, will be entitled for the income distribution, the asset management company said in a statement today.
The five-year closed-ended bond fund is the fifth in a series of target income funds.
Meanwhile, heightened geopolitical tensions in the Middle East and the Korean Peninsula, as well as dwindling optimism on a tax reform and deregulation prospects in the US, have somewhat dampened risk appetite.
However, Eastspring said it held to the view that Asian investment grade credits looked attractive from a total return perspective following some spread widening lately.
-- BERNAMA
All unit holders who have maintained their holdings in the fund as at April 26, 2017, will be entitled for the income distribution, the asset management company said in a statement today.
The five-year closed-ended bond fund is the fifth in a series of target income funds.
Meanwhile, heightened geopolitical tensions in the Middle East and the Korean Peninsula, as well as dwindling optimism on a tax reform and deregulation prospects in the US, have somewhat dampened risk appetite.
However, Eastspring said it held to the view that Asian investment grade credits looked attractive from a total return perspective following some spread widening lately.
-- BERNAMA
Thursday, 27 April 2017
SNOOPY MUSEUM TOKYO HOLDS 1ST ANNIVERSARY COMMEMORATIVE EXHIBITION, STARTING APRIL 22, 2017
TOKYO, April 26 (Bernama-AsiaNet) --
| - Meet Snoopy's Friends at "Peanuts Gang All Stars! -- Introduce Your Friends to Me, Snoopy" - Reaching its first anniversary on Sunday, April 23, 2017, Snoopy Museum Tokyo started a commemorative exhibition entitled "Peanuts Gang All Stars! -- Introduce your friends to me, Snoopy" from Saturday, April 22. (Logo: http://prw.kyodonews.jp/prwfile/release/M103782/201704211134/_prw_PI1fl_EUeITxSz.jpg) Among over 70 characters in "Peanuts," especially familiar ones have been handpicked as the All Star gang for this exhibition. Snoopy and his distinct friends ("Peanuts Gang") and the relationship among one another are described through 80 precious original comic strips and a newly created original video. To coincide with the new exhibition, BROWN'S STORE has added about 200 fascinating new items, which add up to around 650 original products. Cafe Blanket also provides a fun menu featuring exhibition-exclusive items such as a first anniversary pancake, and monthly limited beverages. Starting from Saturday, April 22, general visitors can take photographs of most areas within the museum gallery. Furthermore, Cafe Blanket now accepts reservations after 5 p.m. (*Cafe visitors need separate tickets in order to visit the gallery and the store.) Please look forward to the ever-evolving Snoopy Museum Tokyo! (Photo1: http://prw.kyodonews.jp/prwfile/release/M103782/201704211134/_prw_PI3fl_xZcOobFl.jpg) (Photo2: http://prw.kyodonews.jp/prwfile/release/M103782/201704211134/_prw_PI4fl_lVKgNn7C.jpg) (Photo3: http://prw.kyodonews.jp/prwfile/release/M103782/201704211134/_prw_PI5fl_1jhlJ8yf.jpg) Gallery Tour with Karen Johnson, Director of Charles M. Schulz Museum and Snoopy On Friday, April 21, 2017, the press day for Snoopy Museum Tokyo's first anniversary commemorative exhibition, Karen Johnson, Director of Charles M. Schulz Museum where Snoopy Museum Tokyo originates from, guided a walk-through tour of the exhibition with the help of Snoopy. As Karen showed around and explained some of the recommended displays with enthusiasm and humor, Snoopy set the groove with his adorable moves. (Photo4: http://prw.kyodonews.jp/prwfile/release/M103782/201704211134/_prw_PI6fl_28nj3D8N.jpg) (Photo5: http://prw.kyodonews.jp/prwfile/release/M103782/201704211134/_prw_PI7fl_2T9886we.jpg) Outline of the First Anniversary Commemorative Exhibition "Peanuts Gang All Stars! -- Introduce your friends to me, Snoopy" - Period: Saturday, April 22, 2017 - Sunday, September 24, 2017 No closings during the exhibition period - Time: 10:00 - 20:00 (admission until 19:30) - Location: 5-6-20 Roppongi, Minato-ku, Tokyo 7 minutes' walk from Tokyo Metro Roppongi Station, 10 minutes' walk from Azabu-Juban Station (Reference: Admission fees http://prw.kyodonews.jp/prwfile/release/M103782/201704211134/_prw_PI2fl_F737VEBw.png) Snoopy Museum Tokyo Official website: www.snoopymuseum.tokyo/en Official Facebook page: https://www.facebook.com/snoopymuseumtokyo/ Official Twitter account: https://twitter.com/snoopy_m_tokyo We ask that you allow us to check articles for publication. The following credit must be displayed: (C) Peanuts Worldwide LLC (Abbreviation: (C) Peanuts) SOURCE: Snoopy Museum Tokyo --BERNAMA |
POLYPLASTICS DEVELOPS NEW DURAFIDE (R) PPS GRADES WITH IMPROVED HEAT SHOCK RESISTANCE
TOKYO, April 26 (Bernama-AsiaNet) --
- Better Materials for Automotive Components and Others -
Polyplastics Co., Ltd. has developed new DURAFIDE (R) PPS grades, 6150T73 and 6150T8, which applied advanced technology to improve heat shock resistance of highly filled, high-toughness PPS materials. (Image: http://prw.kyodonews.jp/prwfile/release/M100475/201704211145/_prw_PI1fl_B49uBz0Y.jpg) Polyphenylene sulfide (PPS) is a highly heat-resistant resin that is categorized as super engineering plastic. It exhibits outstanding flame retardancy, mechanical property, dimensional stability and chemical resistance. In order to meet market requirements, particularly in the automotive sector, we have been making efforts to develop new highly filled, high-toughness PPS grades with greatly improved heat shock resistance. Previously, it was not so easy to improve heat shock resistance of a PPS material while keeping other properties in balance. First, conventional grades with improved heat shock resistance generate large quantities of mold deposits, caused by gases originating from the impact modifier. And increased frequency of metal mold maintenance was an issue. Second, the trend toward reduction of product thickness and weight has resulted in an increased requirement for materials with higher flowability. However, increasing flowability and improving toughness to give heat shock resistance normally have conflicting effects and it was difficult to achieve both at the same time. Polyplastics has now developed the new grades DURAFIDE PPS 6150T73 and 6150T8 that have overcome the abovementioned problems. DURAFIDE PPS 6150T8 exhibits high flowability and improved heat shock resistance, while DURAFIDE PPS 6150T73 benefits from even higher heat shock resistance. Additionally, both grades demonstrate low outgassing (low mold deposit) characteristics. These new materials are expected to boost productivity at customers not only in the automotive sector but in a wide range of fields by helping to increase freedom of product design while also reducing the frequency of metal mold maintenance. Polyplastics is not only a developer of materials technology; it is also actively engaged in the development of molding and processing technologies. In addition to the abovementioned materials technologies, we aim to offer new solutions that combine molding and processing technologies. For more information, visit https://www.polyplastics.com/en/product/lines/pps_hs/index.vm DURAFIDE (R) is a registered trademark of Polyplastics Co., Ltd. in Japan and other countries. SOURCE: Polyplastics Co., Ltd. --BERNAMA |
TACONIC BIOSCIENCES EXPANDS MICROBIOME PRODUCT AND SERVICE PLATFORM
HUDSON, N.Y., April 27 (Bernama-GLOBE NEWSWIRE) -- Taconic Biosciences, a global leader in genetically engineered mouse models and associated services and the only commercial provider of germ-free mice, announced that effective April 26, 2017 they will expand their microbiome product and services platform to include custom Fecal Microbiota Transplantation (FMT) services. To support these new FMT services, Taconic will also offer custom germ-free derivations using either client mouse models, Taconic’s commercial offerings, or mice sourced from third parties.
http://mrem.bernama.com/viewsm.php?idm=28987
http://mrem.bernama.com/viewsm.php?idm=28987
A.M. BEST AFFIRMS CREDIT RATINGS OF UNITED OVERSEAS INSURANCE LIMITED
SINGAPORE, April 26 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa-” of United Overseas Insurance Limited (UOI) (Singapore). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect UOI’s excellent earnings track record, favorable business profile and strong risk-adjusted capitalization. As a subsidiary of United Overseas Bank Limited (UOB) group, Singapore’s third-largest bank by asset value, UOI maintains a stable market presence despite challenging market conditions through cross-selling initiatives with the group. The company continues to register strong underwriting margins that are above its peers, supported by a favorable claims experience and a low expense ratio averaging 20% in the five years ending in 2016.
An offsetting rating factor is the small and competitive operating landscape, which limits the company’s growth opportunities in Singapore. In response, management has introduced strategies aimed at expanding its regional business through the UOB group’s regional network. A.M. Best expects UOI’s focus on prudent underwriting and its efficient operating model to mitigate the risks associated with regional growth.
Positive rating actions are unlikely in the near term. Negative rating actions may arise if there is material deterioration of UOI’s operating results or risk-adjusted capitalization.
Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.
This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings.
A.M. Best is the world’s oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.
Copyright © 2017 by A.M. Best Rating Services, Inc. and/or its subsidiaries. ALL RIGHTS RESERVED.
An offsetting rating factor is the small and competitive operating landscape, which limits the company’s growth opportunities in Singapore. In response, management has introduced strategies aimed at expanding its regional business through the UOB group’s regional network. A.M. Best expects UOI’s focus on prudent underwriting and its efficient operating model to mitigate the risks associated with regional growth.
Positive rating actions are unlikely in the near term. Negative rating actions may arise if there is material deterioration of UOI’s operating results or risk-adjusted capitalization.
Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.
This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings.
A.M. Best is the world’s oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.
Copyright © 2017 by A.M. Best Rating Services, Inc. and/or its subsidiaries. ALL RIGHTS RESERVED.
Contacts
A.M. Best
Faith Tan, +65 6589 8400, ext. 212
Financial Analyst
faith.tan@ambest.com
or
Christopher Sharkey, +1 908 439 2200, ext. 5159
Manager, Public Relations
christopher.sharkey@ambest.com
or
Chi Yeung Lok, +65 6589 8400, ext. 211
Associate Director
chi-yeung.lok@ambest.com
or
Jim Peavy, +1 908 439 2200, ext. 5644
Director, Public Relations
james.peavy@ambest.com
Faith Tan, +65 6589 8400, ext. 212
Financial Analyst
faith.tan@ambest.com
or
Christopher Sharkey, +1 908 439 2200, ext. 5159
Manager, Public Relations
christopher.sharkey@ambest.com
or
Chi Yeung Lok, +65 6589 8400, ext. 211
Associate Director
chi-yeung.lok@ambest.com
or
Jim Peavy, +1 908 439 2200, ext. 5644
Director, Public Relations
james.peavy@ambest.com
Source: A.M. Best
Wednesday, 26 April 2017
HOTFOREX: TRADING TIPS BY FOOTBALL LEGEND MICHAEL BALLACK
Michael Ballack has agreed on an official collaboration with HotForex, through which the German footballer offers valuable tips to traders.
PORT LOUIS, Mauritius, April 25 (Bernama-BUSINESS WIRE) -- Award-winning forex and commodities broker, HotForex has celebrated the collaboration with the world-famous German football legend Michael Ballack with a special event at the forex company’s offices.
The company event was followed by the release of a 7-minute video presenting The 13 Golden Rules on How to Be the Michael Ballack of Trading.
http://mrem.bernama.com/viewsm.php?idm=28965
PORT LOUIS, Mauritius, April 25 (Bernama-BUSINESS WIRE) -- Award-winning forex and commodities broker, HotForex has celebrated the collaboration with the world-famous German football legend Michael Ballack with a special event at the forex company’s offices.
The company event was followed by the release of a 7-minute video presenting The 13 Golden Rules on How to Be the Michael Ballack of Trading.
http://mrem.bernama.com/viewsm.php?idm=28965
BAYSHORE NETWORKS A FOUNDING MEMBER OF EDGEX FOUNDRY
Cyber protection seen as a critical component of new open source edge computing framework
HANNOVER, Germany, April 25 (Bernama-GLOBE NEWSWIRE) -- HANNOVER MESSE -- Bayshore Networks, the leading provider of cyber protection for industrial infrastructure, announced that it is a founding member of EdgeX Foundry, which launched today.
Hosted by The Linux Foundation, EdgeX Foundry is an open source project to build a common open framework for Internet of Things (IoT) edge computing. EdgeX Foundry will create an ecosystem of interoperable components that unifies the marketplace and accelerates secure enterprise and industrial IoT solutions that can be easily scaled.
“Secure edge computing has emerged as a complicated but critical element driving the realization of industrial IoT,” said Ram Boreda, VP Product Management at Bayshore Networks. “Bayshore is partnering with Yokogawa, along with Foghorn, Telit, and Microsoft in developing their innovative Industrial IoT architecture, where cyber protection is proving critical. We believe EdgeX Foundry can become a catalyst for even further innovation in industrial markets, by simplifying interconnection of edge devices, and are thrilled to contribute our cyber protection expertise to this new open-source initiative as a founding member.”
"Our goal is to accelerate enterprise IoT deployments by delivering interoperability at the edge through a common open framework,” said Philip DesAutels, Senior Director of IoT with The Linux Foundation. “We are so excited to have Bayshore Networks as a member to help us grow the EdgeX ecosystem and build a secure framework that benefits the entire IoT community."
The announcement was made at Hannover Messe, the world’s leading industrial event, being held this week in Hannover, Germany. Bayshore’s Industrial Cyber Protection Platform and EdgeX will be on display in their respective kiosks at the Industrial Internet Consortium Pavilion (Hall 8, Stand C24). Additionally, Bayshore executives will present throughout the week in Hall 8, Stand D19.
HANNOVER, Germany, April 25 (Bernama-GLOBE NEWSWIRE) -- HANNOVER MESSE -- Bayshore Networks, the leading provider of cyber protection for industrial infrastructure, announced that it is a founding member of EdgeX Foundry, which launched today.
Hosted by The Linux Foundation, EdgeX Foundry is an open source project to build a common open framework for Internet of Things (IoT) edge computing. EdgeX Foundry will create an ecosystem of interoperable components that unifies the marketplace and accelerates secure enterprise and industrial IoT solutions that can be easily scaled.
“Secure edge computing has emerged as a complicated but critical element driving the realization of industrial IoT,” said Ram Boreda, VP Product Management at Bayshore Networks. “Bayshore is partnering with Yokogawa, along with Foghorn, Telit, and Microsoft in developing their innovative Industrial IoT architecture, where cyber protection is proving critical. We believe EdgeX Foundry can become a catalyst for even further innovation in industrial markets, by simplifying interconnection of edge devices, and are thrilled to contribute our cyber protection expertise to this new open-source initiative as a founding member.”
"Our goal is to accelerate enterprise IoT deployments by delivering interoperability at the edge through a common open framework,” said Philip DesAutels, Senior Director of IoT with The Linux Foundation. “We are so excited to have Bayshore Networks as a member to help us grow the EdgeX ecosystem and build a secure framework that benefits the entire IoT community."
The announcement was made at Hannover Messe, the world’s leading industrial event, being held this week in Hannover, Germany. Bayshore’s Industrial Cyber Protection Platform and EdgeX will be on display in their respective kiosks at the Industrial Internet Consortium Pavilion (Hall 8, Stand C24). Additionally, Bayshore executives will present throughout the week in Hall 8, Stand D19.
TGS ANNOUNCES CREAN 3D MULTI-CLIENT PROJECT IN IRELAND
ASKER, Norway, April 25 (Bernama-GLOBE NEWSWIRE) -- TGS announces new multi-client acquisition project, Crean 3D on the Irish Atlantic Margin.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/325303aa-b36f-4de5-a678-60be534ae895
Crean 3D (CRN 3D) is a multi-client survey of more than 5,400 km2 located in the South Porcupine Basin between the Porcupine High and the Irish Mainland Platform. Multi-level targets exist, such as Paleocene and Mesozoic channel/fan systems overlying tilted fault blocks. Exploration success on the Newfoundland Labrador conjugate margin coupled with historical exploration in Atlantic Ireland has resulted in significant acreage being licensed. TGS will acquire new 3D data to provide the higher spatial resolution required to delineate multiple plays at multiple levels. Acquisition is expected to commence in June 2017. Data processing will be performed by TGS using its Clari-FiTM broadband technology.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/325303aa-b36f-4de5-a678-60be534ae895
Crean 3D (CRN 3D) is a multi-client survey of more than 5,400 km2 located in the South Porcupine Basin between the Porcupine High and the Irish Mainland Platform. Multi-level targets exist, such as Paleocene and Mesozoic channel/fan systems overlying tilted fault blocks. Exploration success on the Newfoundland Labrador conjugate margin coupled with historical exploration in Atlantic Ireland has resulted in significant acreage being licensed. TGS will acquire new 3D data to provide the higher spatial resolution required to delineate multiple plays at multiple levels. Acquisition is expected to commence in June 2017. Data processing will be performed by TGS using its Clari-FiTM broadband technology.
A.M. BEST COMMENTS ON CREDIT RATINGS OF TUGU INSURANCE COMPANY LIMITED
SINGAPORE, April 25 (Bernama-BUSINESS WIRE) -- A.M. Best has commented that the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of Tugu Insurance Company Limited (TIC) (Hong Kong) remain unchanged. The outlook of these Credit Ratings (ratings) remains negative.
This follows a disclosure by TIC’s parent, PT Tugu Pratama Indonesia (TPI), that TPI intends to dispose of its shares in TIC. Further details of the disposal, including the level of capital to be maintained in TIC, have not yet been disclosed.
A.M. Best considered the risks related to the intended disposal in its Feb. 24, 2017, rating update, which stated that a material decline in TIC’s capital position could result in negative rating action.
Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.
This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings.
A.M. Best is the world’s oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.
Copyright © 2017 by A.M. Best Rating Services, Inc. and/or its subsidiaries. ALL RIGHTS RESERVED.
A.M. Best considered the risks related to the intended disposal in its Feb. 24, 2017, rating update, which stated that a material decline in TIC’s capital position could result in negative rating action.
Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.
This press release relates to Credit Ratings that have been published on A.M. Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see A.M. Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings.
A.M. Best is the world’s oldest and most authoritative insurance rating and information source. For more information, visit www.ambest.com.
Copyright © 2017 by A.M. Best Rating Services, Inc. and/or its subsidiaries. ALL RIGHTS RESERVED.
Contacts
A.M. Best
Chi Yeung Lok
Associate Director, Analytics
+65 6589 8400, ext. 211
chi-yeung.lok@ambest.com
or
Christie Lee
Director, Analytics
+852 2827 341
christie.lee@ambest.com
or
Christopher Sharkey
Manager, Public Relations
+1 908 439 2200, ext. 5159
christopher.sharkey@ambest.com
or
Jim Peavy
Director, Public Relations
+1 908 439 2200, ext. 5644
james.peavy@ambest.com
Chi Yeung Lok
Associate Director, Analytics
+65 6589 8400, ext. 211
chi-yeung.lok@ambest.com
or
Christie Lee
Director, Analytics
+852 2827 341
christie.lee@ambest.com
or
Christopher Sharkey
Manager, Public Relations
+1 908 439 2200, ext. 5159
christopher.sharkey@ambest.com
or
Jim Peavy
Director, Public Relations
+1 908 439 2200, ext. 5644
james.peavy@ambest.com
Source: A.M. Best
TACONIC BIOSCIENCES ANNOUNCES RELEASE OF NEW PARKINSON'S DISEASE ANIMAL MODEL
HUDSON, N.Y., April 26 (Bernama-GLOBE NEWSWIRE) -- Taconic Biosciences, a global leader in genetically engineered mouse models and associated services, announced that effective April 17, 2017, in conjunction with The Michael J. Fox Foundation for Parkinson’s Research (MJFF), began commercial distribution of a new Parkinson’s disease mouse Model 13940 (C57BL/6- Lrrk2tm4.1Arte).
The development of Model 13940 underscores the commitment of both Taconic and MJFF to provide novel models for expediting Parkinson’s disease testing.
http://mrem.bernama.com/viewsm.php?idm=28975
The development of Model 13940 underscores the commitment of both Taconic and MJFF to provide novel models for expediting Parkinson’s disease testing.
http://mrem.bernama.com/viewsm.php?idm=28975
POWERPHASE AND PLN SIGN MEMORANDUM OF UNDERSTANDING FOR TURBOPHASE® APPLICATION IN INDONESIA
JAKARTA, Indonesia, April 26 (Bernama-BUSINESS WIRE) -- Powerphase and PT Perusahaan Listrik Negara (PLN), the state power company of Indonesia, have signed a Memorandum of Understanding (MoU) today. The MoU was signed by PLN and Powerphase in conjunction with USA Vice President Pence’s visit to Indonesia. With this agreement, both parties agree to cooperate on a phased implementation plan of Turbophase® Dry Air Injection, beginning with a feasibility study and including two 50 MW projects, followed by a full implementation of 2 GW of additional power. The 2 GW is forecasted to be contracted and installed at existing PLN assets over the next two years.
http://mrem.bernama.com/viewsm.php?idm=28972
http://mrem.bernama.com/viewsm.php?idm=28972
AAGI LAUNCHES UNIQUE PERSONALISED VIDEO
KUALA LUMPUR, April
25 (Bernama) – AXA Affin General insurance (AAGI) has launched
a unique personalised video to welcome new health insurance customers and to
issue a renewal invitation to existing customers.
The new features
would enable customers to receive a personalised video greetings by
name and would list their specific plan benefits and sum insured, as well
as, the annual premium to be paid, said AAGI in a statement today.
“The personalised
video will also provide an easy step-by-step guide for smooth admission at
panel hospitals and recommend additional coverage specifically for the
individual’s age and gender,” it said.
AAGI is the first
general insurer in Malaysia to introduce welcome notes and renewal notices via
personalised videos, with the aim of enhancing customer experience, build
closer relationship, trust, customer loyalty and retention.
The company is
planning to extend personalised videos to other retail product customers in the
near future.
-- BERNAMA
Tuesday, 25 April 2017
TECH MAHINDRA EXPANDS RELATIONSHIP WITH COVISINT TO UTILIZE COVISINT'S IOT PLATFORM TO CREATE VERTICAL SOLUTIONS
Global Partnership Drives Digital Business Transformation by Securely Connecting Complete Ecosystems of People, Systems and Things
DETROIT, April 21 (Bernama-GLOBE NEWSWIRE) -- Covisint Corporation (Nasdaq:COVS) and Tech Mahindra, a leader in digital transformation for the Telecommunications and Manufacturing industries, today announced that Tech Mahindra will be using the Covisint IoT Platform to enable digital transformation solutions across a variety of IoT initiatives - including smart cities, and the telecommunications and automotive markets.
Through this partnership, there will be a focused solution building and joint go-to-market efforts around:
DETROIT, April 21 (Bernama-GLOBE NEWSWIRE) -- Covisint Corporation (Nasdaq:COVS) and Tech Mahindra, a leader in digital transformation for the Telecommunications and Manufacturing industries, today announced that Tech Mahindra will be using the Covisint IoT Platform to enable digital transformation solutions across a variety of IoT initiatives - including smart cities, and the telecommunications and automotive markets.
Through this partnership, there will be a focused solution building and joint go-to-market efforts around:
NEW TESTING PROCEDURE HOLDS PROMISE AS A CRITICAL TOOL IN THE GLOBAL EFFORT TO ELIMINATE MALARIA
Field laboratory-deployable molecular test up to 80,000 times more sensitive than current options
CINCINNATI, April 25 (Bernama-GLOBE NEWSWIRE) -- As the global community gathers for World Malaria Day to celebrate successes and plot strategy to eliminate the disease from the face of the earth, a new ray of hope is emerging from a surprising place: the testing side of the equation.
Meridian Bioscience, Inc. of Cincinnati, Ohio (NASDAQ:VIVO) has developed illumigene® Malaria, a molecular-based, field laboratory-deployed test for malaria that is up to 80,000 times more sensitive at detecting the malaria parasite than current testing options. The test was developed by Meridian with the technical assistance of the Centers for Disease Control and Prevention (CDC) and Cheikh Anta Diop University of Dakar, Senegal.
http://mrem.bernama.com/viewsm.php?idm=28961
CINCINNATI, April 25 (Bernama-GLOBE NEWSWIRE) -- As the global community gathers for World Malaria Day to celebrate successes and plot strategy to eliminate the disease from the face of the earth, a new ray of hope is emerging from a surprising place: the testing side of the equation.
Meridian Bioscience, Inc. of Cincinnati, Ohio (NASDAQ:VIVO) has developed illumigene® Malaria, a molecular-based, field laboratory-deployed test for malaria that is up to 80,000 times more sensitive at detecting the malaria parasite than current testing options. The test was developed by Meridian with the technical assistance of the Centers for Disease Control and Prevention (CDC) and Cheikh Anta Diop University of Dakar, Senegal.
http://mrem.bernama.com/viewsm.php?idm=28961
Sunday, 23 April 2017
SME'S GATHER AT THE CAPITAL MARKET & FINANCIAL SOLUTION ROADSHOW 2017
| GEORGE TOWN, April 21 (Bernama) -- In line with the growing of the outlook as professional education programmes, MFPC organised the Capital Market & Financial Solution Roadshow in Penang yesterday. With the support from the Capital Market Development Funds (CMDF) and with Universal Media as the Co – organiser, the event will further support Malaysia’s aspiration of becoming a high growth nation as well as adapting to the global developments in the region. MFPC’s Penang Chapter Chairman, Dr Tan Chuan Hong said “If there is any single factor that makes a huge impact in improving the GDP of a country, it is the effective allocation of capital to the Industry and Government. Nevertheless, as interested stakeholders, SME’s must seize opportunities to learn; to grow and transform especially in learning ways to manage the business; to raise capital for business and for its expansion”. He also emphasized on the importance of the capital market for the economic development in Malaysia. “Capital Market is a passage where the assets is a long – term productive use. Government Linked Companies and few big private companies use Capital Markets to raise money for their long-term investments. What better way to do this apart from working hard? ” In yesterday’s conference, MFPC were pleased to have prolific speakers and experts to share their thoughts with Malaysia SME’s participant on Capital Market. Topics covered during the roadshow was derived from the capital market trend, financial advisory services, financial solution and equity crowdfunding. Exclusive to the Capital Market and Financial Solution Roadshow, organiser offer attendees the chance to have one-on-one conversations after the session with industry veterans. Capital Market & Financial Solution Roadshow focal objectives are to gather the SME’s and create a knowledgeable platform on the benefits of raising capital through the capital market. The next conference will take place in M – Suite Hotel, Johor Bahru on 27th April 2017 followed by Imperial Hotel in Kuching on 4th May 2017 and Miri on 23rd May 2017. |
Friday, 21 April 2017
BEEF NOODLE: NAME CARD OF LANZHOU
LANZHOU, China, April 20 (Bernama-AsiaNet) -- Residents in NW China's Lanzhou City start their morning with a bowl of hot beef noodle. Beef noodle is an indispensable food of local people and an important way for the world to learn about the city.
Add some ash water rich in potassium carbonate to the mixed dough and wait for a while and then the chefs will turn the dough into over ten kinds of of noodle of diverse types. With some delicious beef soup, the beef noodle can well serve one's appetite.
Add some ash water rich in potassium carbonate to the mixed dough and wait for a while and then the chefs will turn the dough into over ten kinds of of noodle of diverse types. With some delicious beef soup, the beef noodle can well serve one's appetite.
GTA TO JOIN HOTELBEDS GROUP¹
- Hotelbeds Group and GTA2 combine forces to drive distribution excellence in the B2B travel wholesaler and retail space.
- Deal brings together companies with complementary operations and geographic footprints. 3
- Significant presence of GTA in fast growing Asia-Pacific and Middle East markets closely aligns with Hotelbeds Group's growth strategy.
PALMA, Spain, April 21 (Bernama-BUSINESS WIRE) -- Hotelbeds Group, a global bedbank and business-to-business provider of services to the travel industry, has announced today plans for GTA to join its Bedbank business unit.
http://mrem.bernama.com/viewsm.php?idm=28947
- Deal brings together companies with complementary operations and geographic footprints. 3
- Significant presence of GTA in fast growing Asia-Pacific and Middle East markets closely aligns with Hotelbeds Group's growth strategy.
PALMA, Spain, April 21 (Bernama-BUSINESS WIRE) -- Hotelbeds Group, a global bedbank and business-to-business provider of services to the travel industry, has announced today plans for GTA to join its Bedbank business unit.
http://mrem.bernama.com/viewsm.php?idm=28947
NETEASE GAMES DEBUTS CRUSADERS OF LIGHT, A FULL-FLEDGED MOBILE MMORPG WITH MASSIVE RAIDS
Pre-registration offering up to $50 USD worth of in-game gifts is now open and soft launch begins today in Australia, New Zealand, Malaysia and Philippines
BRISBANE, Calif., April 21 (Bernama-BUSINESS WIRE) -- NetEase, Inc. (NASDAQ:NTES) today announced a new MMORPG, Crusaders of Light, for iOS and Android phones and tablets. The full-fledged MMORPG is free to download and currently available in Australia, New Zealand, Malaysia, and Philippines, and coming soon to North America, Europe, Russia and Brazil. Pre-registration is now open and all participating players can unlock up to $50 worth of valuable in-game items, including virtual currency, weapons and a ram mount.
http://mrem.bernama.com/viewsm.php?idm=28941
BRISBANE, Calif., April 21 (Bernama-BUSINESS WIRE) -- NetEase, Inc. (NASDAQ:NTES) today announced a new MMORPG, Crusaders of Light, for iOS and Android phones and tablets. The full-fledged MMORPG is free to download and currently available in Australia, New Zealand, Malaysia, and Philippines, and coming soon to North America, Europe, Russia and Brazil. Pre-registration is now open and all participating players can unlock up to $50 worth of valuable in-game items, including virtual currency, weapons and a ram mount.
http://mrem.bernama.com/viewsm.php?idm=28941
BOTSWANA MOST ATTRACTIVE INVESTMENT DESTINATION IN AFRICA
- Quantum Global Research Lab launches Africa Investment Index
- Morocco, Egypt, South Africa and Zambia amongst top five investment destinations
- Top five investment destinations attracted a combined net FDI of $13.6bn
LONDON, April 20 (Bernama-GLOBE NEWSWIRE) -- Botswana is the most attractive economy for investments flowing into the African continent, according to the latest Africa Investment Index 2016 (http://APO.af/sUtRNQ) by Quantum Global’s (www.QuantumGlobalGroup.com) independent research arm, Quantum Global Research Lab.
http://mrem.bernama.com/viewsm.php?idm=28932
- Morocco, Egypt, South Africa and Zambia amongst top five investment destinations
- Top five investment destinations attracted a combined net FDI of $13.6bn
LONDON, April 20 (Bernama-GLOBE NEWSWIRE) -- Botswana is the most attractive economy for investments flowing into the African continent, according to the latest Africa Investment Index 2016 (http://APO.af/sUtRNQ) by Quantum Global’s (www.QuantumGlobalGroup.com) independent research arm, Quantum Global Research Lab.
http://mrem.bernama.com/viewsm.php?idm=28932
Thursday, 20 April 2017
SOLARWINDS DATABASE PERFORMANCE ANALYZER WITH SUPPORT FOR MICROSOFT AZURE SQL DATABASE NOW AVAILABLE IN THE MICROSOFT AZURE MARKETPLACE
Azure SQL Database users can now benefit from Multi-Dimensional Performance Analysis with simplified deployment
SINGAPORE, April 20 (Bernama-GLOBE NEWSWIRE) -- SolarWinds, a leading provider of powerful and affordable IT management software, today announced the availability of SolarWinds® Database Performance Analyzer with support for Microsoft® Azure® SQL Database in the Azure Marketplace.
SolarWinds Database Performance Analyzer delivers deep visibility into the performance of top database platforms, including Microsoft SQL Server® 2016, and provides advice for optimisation and tuning to accelerate database performance.
http://mrem.bernama.com/viewsm.php?idm=28935
SINGAPORE, April 20 (Bernama-GLOBE NEWSWIRE) -- SolarWinds, a leading provider of powerful and affordable IT management software, today announced the availability of SolarWinds® Database Performance Analyzer with support for Microsoft® Azure® SQL Database in the Azure Marketplace.
SolarWinds Database Performance Analyzer delivers deep visibility into the performance of top database platforms, including Microsoft SQL Server® 2016, and provides advice for optimisation and tuning to accelerate database performance.
http://mrem.bernama.com/viewsm.php?idm=28935
EUROMONITOR REVEALS TOP 5 DIGITAL CONSUMER TRENDS IN 2017
CHICAGO, April 19 (Bernama-BUSINESS WIRE) -- Global market research company Euromonitor International will unveil the latest trends shaping digital commerce in the upcoming webinar "Top 5 Digital Consumer Trends in 2017", on Thursday, April 27 at 9 a.m. CDT.
In today's digital world, mobile is overtaking personal computers (PC), new technologies are influencing digital purchases and connected devices are providing consumers with new places to pay. This webinar will dive into these trends changing the commerce space.
In today's digital world, mobile is overtaking personal computers (PC), new technologies are influencing digital purchases and connected devices are providing consumers with new places to pay. This webinar will dive into these trends changing the commerce space.
Wednesday, 19 April 2017
NEW STUDY PUBLISHED IN PLOS ONE ADVANCES SCIENCE AROUND VTS-270 FOR TREATMENT OF NIEMANN-PICK DISEASE TYPE C1
ROCKVILLE, Md., April 19 (Bernama-GLOBE NEWSWIRE) -- Sucampo Pharmaceuticals, Inc. (Sucampo) (NASDAQ:SCMP), a global biopharmaceutical company, today announced the publication of a new study in an independent scientific journal that confirms the unique composition of VTS-270, a 2-Hydroxypropyl-beta-cyclodextrin (HPβCD) product under investigation as a novel treatment for Niemann-Pick Disease Type C1 (NPC-1).
NPC-1 is a rare, progressive and ultimately lethal genetic disorder affecting an estimated 2,000-3,000 patients globally. The results were published today in an article entitled, “Characterization of hydroxypropyl-beta-cyclodextrins used in the treatment of Niemann-Pick Disease type C1,” in PLOS ONE, the world’s first multidisciplinary, Open Access journal, and are available at http://journals.plos.org/plosone/article?id=10.1371/journal.pone.0175478.
http://mrem.bernama.com/viewsm.php?idm=28926
NPC-1 is a rare, progressive and ultimately lethal genetic disorder affecting an estimated 2,000-3,000 patients globally. The results were published today in an article entitled, “Characterization of hydroxypropyl-beta-cyclodextrins used in the treatment of Niemann-Pick Disease type C1,” in PLOS ONE, the world’s first multidisciplinary, Open Access journal, and are available at http://journals.plos.org/plosone/article?id=10.1371/journal.pone.0175478.
http://mrem.bernama.com/viewsm.php?idm=28926
MOBIL JET™ OIL 387 GOES FLEET-WIDE WITH SINGAPORE AIRLINES
- Singapore Airlines now using Mobil Jet Oil 387 across entire fleet
- Decorated carrier operates one of the youngest fleets in the industry
- Mobil Jet Oil 387 has accrued nearly one million hours of on-wing performance
SPRING, Texas, April 19 (Bernama-BUSINESS WIRE) -- ExxonMobil announced today that Mobil JetTM Oil 387, a synthetic High Performance Capability (HPC) turbine engine oil, will be used in all of Singapore Airlines’ aircraft.
Among the world’s most awarded carriers, Singapore Airlines operates one of the youngest fleets in the aviation industry. Its fleet includes a range of Airbus and Boeing wide-body aircraft powered by some of the most advanced and popular engine technologies, including numerous Rolls-Royce Trent and General Electric’s GE90 variants.
http://mrem.bernama.com/viewsm.php?idm=28924
- Decorated carrier operates one of the youngest fleets in the industry
- Mobil Jet Oil 387 has accrued nearly one million hours of on-wing performance
SPRING, Texas, April 19 (Bernama-BUSINESS WIRE) -- ExxonMobil announced today that Mobil JetTM Oil 387, a synthetic High Performance Capability (HPC) turbine engine oil, will be used in all of Singapore Airlines’ aircraft.
Among the world’s most awarded carriers, Singapore Airlines operates one of the youngest fleets in the aviation industry. Its fleet includes a range of Airbus and Boeing wide-body aircraft powered by some of the most advanced and popular engine technologies, including numerous Rolls-Royce Trent and General Electric’s GE90 variants.
http://mrem.bernama.com/viewsm.php?idm=28924
NTT AND TELKOM INDONESIA LAUNCH "APAC TELECOM INNOVATION INITIATIVE (ATII)" TO CREATE NEW NETWORK SERVICES IN ASIA-PACIFIC REGION BASED ON VIRTUAL INFRASTRUCTURE TECHNOLOGIES
TOKYO, Apr. 18, 2017 /Kyodo JBN-AsiaNet/ --
Nippon Telegraph and Telephone Corporation (NTT) and PT Telkom Indonesia (Persero) Tbk (Telkom Indonesia) established the "APAC Telecom Innovation Initiative (ATII)" as a joint research and development initiative on April 17 with a view to creating new network services in the Asia-Pacific region with a look beyond 2020 focusing on virtual infrastructure technologies. The ATII launch was attended by Tadashi Ito, Senior Vice President, Head of NTT Information Network Laboratory Group, NTT, and Arief Mustain, Executive General Manager (EGM) of Digital Service Division, Telkom Indonesia, in Tokyo on April 17. The initiative will develop technical studies and proof of concepts (PoCs) regarding requirements for new network services in the virtualization era, and aims to expand this initiative together with various partners, including other service providers, who share the initiative's goals.
http://mrem.bernama.com/viewsm.php?idm=28918
Nippon Telegraph and Telephone Corporation (NTT) and PT Telkom Indonesia (Persero) Tbk (Telkom Indonesia) established the "APAC Telecom Innovation Initiative (ATII)" as a joint research and development initiative on April 17 with a view to creating new network services in the Asia-Pacific region with a look beyond 2020 focusing on virtual infrastructure technologies. The ATII launch was attended by Tadashi Ito, Senior Vice President, Head of NTT Information Network Laboratory Group, NTT, and Arief Mustain, Executive General Manager (EGM) of Digital Service Division, Telkom Indonesia, in Tokyo on April 17. The initiative will develop technical studies and proof of concepts (PoCs) regarding requirements for new network services in the virtualization era, and aims to expand this initiative together with various partners, including other service providers, who share the initiative's goals.
http://mrem.bernama.com/viewsm.php?idm=28918
EXPANSION OF THE WFH HUMANITARIAN AID PROGRAM DEMONSTRATES SIGNIFICANT RESULTS DUE TO THE CONTRIBUTION OF 500 MILLION IUS DONATION OF BIOVERATIV AND SOBI
MONTREAL, April 18 (Bernama-GLOBE NEWSWIRE) -- The paradigm shift that has occurred through the expansion of the WFH Humanitarian Aid Program has resulted in significant improvements in the lives of those living with bleeding disorders in developing countries throughout the world. This is as a direct result of the significant level of donations committed by Bioverativ and Sobi, 500 million international units (IU) of clotting factor concentrates (CFC) treatment products, over 5 years, along with their substantial financial support for the operational needs of this program.
The WFH Humanitarian Aid Program was established in 1996, with more than 462 million IUs of treatment products channelled since it began, to more than 100,000 people in need, in 90 countries. Prior to the expansion of this program, donations were sporadic and existing commitments allowed for only emergency relief in dire situations.
The WFH Humanitarian Aid Program was established in 1996, with more than 462 million IUs of treatment products channelled since it began, to more than 100,000 people in need, in 90 countries. Prior to the expansion of this program, donations were sporadic and existing commitments allowed for only emergency relief in dire situations.
Tuesday, 18 April 2017
ACCA ANNOUNCES INAUGURAL ACCA RECOGNISED TUTOR TRAINING ACADEMY WITH INSPIRE
KUALA LUMPUR, April 18 (Bernama) -- ACCA (the Association of Chartered Certified Accountants) launched its first ACCA Recognised Tutor Training Academy with the appointment of Inspire Professional Academy (INSPIRE) as an independent training centre to develop and nurture lecturers and individuals to become effective teachers of the ACCA Qualification.
Speaking at the launch, Leong Soo Yee, Asia Pacific director of ACCA, said: "This initiative is an answer to the Government's call to train more professional accountants to support Malaysia's progressive economy. We strongly believe it's essential to have the right number and right quality of tutors to support the rapidly growing number of students wishing to study ACCA and become professional accountants."
Speaking at the launch, Leong Soo Yee, Asia Pacific director of ACCA, said: "This initiative is an answer to the Government's call to train more professional accountants to support Malaysia's progressive economy. We strongly believe it's essential to have the right number and right quality of tutors to support the rapidly growing number of students wishing to study ACCA and become professional accountants."
TOSHIBA LAUNCHES HIGH-VOLTAGE MULTI-CHANNEL SOLENOID AND UNIPOLAR MOTOR DRIVER IC
TOKYO, April 17 (Bernama-BUSINESS WIRE) -- Toshiba Corporation's (TOKYO:6502) Storage & Electronic Devices Solutions Company today announced the launch of “TB67S111PG,” a multi-channel solenoid and a unipolar motor driver IC that achieves high-voltage and low ON resistance drive. Sample shipments start today, with mass production scheduled to start in May.
TB67S111PG incorporates four channels of each low-side MOSFET and regenerative common diode. This enables it to control all output MOSFETs independently and realizes a design that is suited to driving the solenoids and unipolar motors widely used in such applications as amusement equipment (pachinko and slot machines), home appliances (air-conditioners and refrigerators) and industrial equipment (vending machines, banking terminals such as ATMs, office automation equipment and factory automation equipment).
Fabricated with the latest high-voltage analog power process, BiCD 130nm, the motor driver IC achieves an output rating of 80V and reduces IC heat generation by lowering the output ON resistance [1] to 0.25Ω.
The IC is packaged in a high heat dissipation H-frame DIP package that can be mounted on low-cost paper phenol board and on a general glass-epoxy board.
Main Features of New Product
1. Four channels of each low-side MOSFET and regenerative common diode
This allows all output MOSFETs to be controlled independently. The IC is suited to multi-channel solenoid drives and unipolar motor drives.
2. High voltage (80V) and low ON resistance (0.25Ω) drive
High-voltage (80V) MOSFET in the output block provides support for solenoid and unipolar motor drives. Heat generation during motor operation can be reduced by low ON resistance (0.25Ω).
3. Lead insert type package (DIP)
The H-frame DIP package, which has high heat dissipation, supports diverse consumer and industrial applications.
4. Built-in error detections with automatic reset functions
A thermal shutdown circuit and overcurrent shutdown circuit protect the IC when abnormalities occur in set usage, and automatically reset IC operation after a specified time.
Fabricated with the latest high-voltage analog power process, BiCD 130nm, the motor driver IC achieves an output rating of 80V and reduces IC heat generation by lowering the output ON resistance [1] to 0.25Ω.
The IC is packaged in a high heat dissipation H-frame DIP package that can be mounted on low-cost paper phenol board and on a general glass-epoxy board.
Main Features of New Product
1. Four channels of each low-side MOSFET and regenerative common diode
This allows all output MOSFETs to be controlled independently. The IC is suited to multi-channel solenoid drives and unipolar motor drives.
2. High voltage (80V) and low ON resistance (0.25Ω) drive
High-voltage (80V) MOSFET in the output block provides support for solenoid and unipolar motor drives. Heat generation during motor operation can be reduced by low ON resistance (0.25Ω).
3. Lead insert type package (DIP)
The H-frame DIP package, which has high heat dissipation, supports diverse consumer and industrial applications.
4. Built-in error detections with automatic reset functions
A thermal shutdown circuit and overcurrent shutdown circuit protect the IC when abnormalities occur in set usage, and automatically reset IC operation after a specified time.
| Main Specifications of New Product | ||||
| Part number | TB67S111PG | |||
| Function | Multi-channel solenoid/ Unipolar driver | |||
| Package | DIP16-P-300-2.54A | |||
| Input | Control I/F | Full parallel input (CMOS) | ||
VM power supply
voltage
| 45V (max) | |||
Output | Output rating (voltage) | 80V (max) | ||
| Output rating (current) | 1.5A per channel (max) | |||
| Output ON resistance | 0.25Ω (typ.) | |||
| Common diode | Built in | |||
| Other features | - Built-in error detection circuits (thermal shutdown and overcurrent shutdown) - Built-in automatic reset function after error detection - Built-in thermal shutdown flag output function - Supports the power-on sequence by the single power drive | |||
| Mass production | May 2017 (scheduled) | |||
Note 1: On resistance: Resistance in applying current. When resistance is low, power loss from driving the motor is small and heat generation is reduced.
For more information about the new product, please visit:
https://toshiba.semicon-storage.com/info/lookup.jsp?pid=TB67S111PG®ion=apc&lang=en
For more information about Toshiba’s stepping motor driver ICs, please visit:
https://toshiba.semicon-storage.com/ap-en/product/linear/motordriver/stepping-motor.html
Customer Inquiries
Mixed Signal IC Sales and Marketing Department
Tel:+81-44-548-2821
https://toshiba.semicon-storage.com/ap-en/contact.html
*Information in this document, including product prices and specifications, content of services and contact information, is current on the date of the announcement but is subject to change without prior notice.
About Toshiba
Toshiba Corporation, a Fortune Global 500 company, channels world-class capabilities in advanced electronic and electrical product and systems into three focus business fields: Energy that sustains everyday life, that is cleaner and safer; Infrastructure that sustains quality of life; and Storage that sustains the advanced information society. Guided by the principles of The Basic Commitment of the Toshiba Group, “Committed to People, Committed to the Future”, Toshiba promotes global operations and is contributing to the realization of a world where generations to come can live better lives.
Founded in Tokyo in 1875, today’s Toshiba is at the heart of a global network of 550 consolidated companies employing 188,000 people worldwide, with annual sales surpassing 5.6 trillion yen (US$50 billion). (As of March 31, 2016.)
To find out more about Toshiba, visit www.toshiba.co.jp/index.htm
Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=51541467&lang=en
Contacts
Media Inquiries:
Toshiba Corporation
Storage & Electronic Devices Solutions Company
Chiaki Nagasawa, +81-3-3457-4963
semicon-NR-mailbox@ml.toshiba.co.jp
Toshiba Corporation
Storage & Electronic Devices Solutions Company
Chiaki Nagasawa, +81-3-3457-4963
semicon-NR-mailbox@ml.toshiba.co.jp
Source: Toshiba Corporation Storage & Electronic Devices Solutions Company
View this news release and multimedia online at:
http://www.businesswire.com/news/home/20170416005028/en
--BERNAMA
http://www.businesswire.com/news/home/20170416005028/en
--BERNAMA
Thursday, 13 April 2017
AXA AFFIN GENERAL INSURANCE (AAGI) BAGS THREE AWARDS AT ASIA RECRUITMENT AWARDS 2017
 |
| Mohd Syukri bin Ahmad Sudari, Chief Human Resource Officer (CHRO) of AAGI, with the three awards received at Asia Recruitment Awards 2017 |
KUALA LUMPUR, April 12 (Bernama) -- AXA Affin General Insurance Berhad (AAGI) recently won three awards at the Asia Recruitment Awards 2017:
· Gold – Best Recruitment Evaluation Technique
· Silver – Best Diversity and Inclusion Strategy
· Bronze – Best Use of Digital Media
The Asia Recruitment Awards 2017 is organized by Human Resources Magazine, featuring the Top 25 organizations in Malaysia, and is the only regional recruitment awards to recognize and celebrate the best in talent acquisition within Asia. The ceremony was held at Aloft Kuala Lumpur on 31 March 2017, and was attended by 200 out-performing corporate Human Resource (HR) personnel from top companies in Malaysia.
Accepting the awards on behalf of AAGI, Chief Human Resource Officer Mohd Syukri bin Ahmad Sudari said: “We are very proud to have won three awards in the Asia Recruitment Awards 2017. At AXA, we have always recognized that our best assets are our employees. That is why we focus on recruiting, retaining and developing the best talent, by providing them with a dynamic work environment and fulfilling career development. We also have a strong culture of diversity and inclusion across all levels of our organization, providing equal opportunities and development to all employees regardless of gender, age, or ethnicity.”
Talent development is a key focus at AAGI, which leverages on the global network and platforms of the AXA Group to offer advanced training and development opportunities to employees. The AXA University (AXA U) Asia Pacific Campus is the Group’s regional hub for learning and development, offering technical, organisational, leadership and culture programs to employees and agents, with over 5,000 days of business trainings hosted every year to develop employees across the region. The local Learning and Development team in AAGI works closely with AXA U to send local employees for training at AXA U, and to adapt and apply training courses and content for local employees.
“Our employees are the backbone of the company’s success. We promote diversity and inclusion, and work-life balance and innovation to foster a positive culture of openness and teamwork in the workplace. This leads to a high energy, high performing team to drive the company towards achieving our business objectives,” Mohd Syukri also highlighted.
AAGI joins an exclusive list of prestigious brands who were also the winners of the Award, including global brands such as Coca-Cola, Dell, Unilever, and big Malaysian brands such as Maybank and Tenaga Nasional. Job opportunities at AAGI can be found at https://www.linkedin.com/company/wow-at-axa
Source : AXA Affin General Insurance Berhad
FOR MORE IMFORMATION, PLEASE CONTACT:
Name : Jason Ng Jie Sheng
Tel : 03-2170 8568
Email : jason.ng@axa.com.my
Name : Thai Jia Vay
Tel : 03-2170 8548
Email : jiavay.thai@axa.com.my
--BERNAMA
· Gold – Best Recruitment Evaluation Technique
· Silver – Best Diversity and Inclusion Strategy
· Bronze – Best Use of Digital Media
The Asia Recruitment Awards 2017 is organized by Human Resources Magazine, featuring the Top 25 organizations in Malaysia, and is the only regional recruitment awards to recognize and celebrate the best in talent acquisition within Asia. The ceremony was held at Aloft Kuala Lumpur on 31 March 2017, and was attended by 200 out-performing corporate Human Resource (HR) personnel from top companies in Malaysia.
Accepting the awards on behalf of AAGI, Chief Human Resource Officer Mohd Syukri bin Ahmad Sudari said: “We are very proud to have won three awards in the Asia Recruitment Awards 2017. At AXA, we have always recognized that our best assets are our employees. That is why we focus on recruiting, retaining and developing the best talent, by providing them with a dynamic work environment and fulfilling career development. We also have a strong culture of diversity and inclusion across all levels of our organization, providing equal opportunities and development to all employees regardless of gender, age, or ethnicity.”
Talent development is a key focus at AAGI, which leverages on the global network and platforms of the AXA Group to offer advanced training and development opportunities to employees. The AXA University (AXA U) Asia Pacific Campus is the Group’s regional hub for learning and development, offering technical, organisational, leadership and culture programs to employees and agents, with over 5,000 days of business trainings hosted every year to develop employees across the region. The local Learning and Development team in AAGI works closely with AXA U to send local employees for training at AXA U, and to adapt and apply training courses and content for local employees.
“Our employees are the backbone of the company’s success. We promote diversity and inclusion, and work-life balance and innovation to foster a positive culture of openness and teamwork in the workplace. This leads to a high energy, high performing team to drive the company towards achieving our business objectives,” Mohd Syukri also highlighted.
AAGI joins an exclusive list of prestigious brands who were also the winners of the Award, including global brands such as Coca-Cola, Dell, Unilever, and big Malaysian brands such as Maybank and Tenaga Nasional. Job opportunities at AAGI can be found at https://www.linkedin.com/company/wow-at-axa
Source : AXA Affin General Insurance Berhad
FOR MORE IMFORMATION, PLEASE CONTACT:
Name : Jason Ng Jie Sheng
Tel : 03-2170 8568
Email : jason.ng@axa.com.my
Name : Thai Jia Vay
Tel : 03-2170 8548
Email : jiavay.thai@axa.com.my
--BERNAMA
CRAWFORD & COMPANY® PROMOTES KIERAN RIGBY TO PRESIDENT OF INTERNATIONAL
ATLANTA, April 12 (Bernama-GLOBE NEWSWIRE) -- Crawford & Company®, the world’s largest publicly listed independent provider of claims management solutions to insurance companies and self‐insured entities, today announced the appointment of Kieran Rigby as president of international, encompassing the United Kingdom, Europe, Asia-Pacific and Latin America regions.
Rigby was previously CEO of GAB Robins UK until Crawford acquired the company in 2014. Since then, Rigby served as CEO Crawford Europe and Latin America. In his new role, he assumes additional responsibility for the Asia-Pacific and United Kingdom regions, and he will serve as a member of Crawford’s Global Executive Management team (GEM).
"I’m confident Kieran is the right person for this role," said Harsha V. Agadi, president and chief executive officer. "His character promotes both innovation and inspiration, and with his proven track record of leadership and success, I believe he’ll continue to grow our company and build for the future. I look forward to the new ideas and fresh focus he’ll bring to Crawford’s leadership team."
Rigby, who will be based in London, will report directly to Andrew Robinson, global chief operating officer, and will be responsible for growing the business, continuing to strengthen Crawford’s global capabilities and realigning the company’s operating model for further efficiency and profitability across the company’s international businesses.
"Crawford's global presence, strength and breadth of capabilities is unmatched by others in the marketplace," Robinson said. "We are excited to have Kieran lead, grow and further develop our operations, as well as pursue new and innovative ways to serve our clients. I look forward to working with Kieran as we realize these ambitions."
Rigby’s appointment follows the resignation of Ian V. Muress, CEO international, after 16 years of dedicated and loyal service to the company.
"We would like to thank Ian for the contribution he has made to the business and for his commitment to our clients," said Agadi. "We wish him well as he moves to the next stage of his career."
"It is a great honor to be given this opportunity," said Rigby. "This is an exciting time for Crawford & Company. It is also a time to critically examine all parts of our operations to grow our revenue and presence in the marketplace – a marketplace that is rapidly changing and requiring our constant innovation."
Throughout his career, Rigby has served in senior leadership positions in claims and loss adjusting, and he’s also active in the industry, holding excellent professional qualifications, including Fellow of the Chartered Insurance Institute, Chartered Insurance Practitioner, Fellow of Chartered Institute of Loss Adjusters and past president of the Federation of European Loss Adjusting Associations.
About Crawford®
Based in Atlanta, Crawford & Company (NYSE:CRD‐A) (NYSE:CRD‐B) is the world’s largest publicly listed independent provider of claims management solutions to insurance companies and self‐insured entities with an expansive global network serving clients in more than 70 countries. The Crawford Solution®offers comprehensive, integrated claims services, business process outsourcing and consulting services for major product lines including property and casualty claims management, workers’ compensation claims and medical management, and legal settlement administration. More information is available at www.crawfordandcompany.com.
Media Contact:
Nancy Hamlet
404.300.1918
nancy.hamlet@us.crawco.com
SOURCE : Crawford & Company
--BERNAMA
Rigby was previously CEO of GAB Robins UK until Crawford acquired the company in 2014. Since then, Rigby served as CEO Crawford Europe and Latin America. In his new role, he assumes additional responsibility for the Asia-Pacific and United Kingdom regions, and he will serve as a member of Crawford’s Global Executive Management team (GEM).
"I’m confident Kieran is the right person for this role," said Harsha V. Agadi, president and chief executive officer. "His character promotes both innovation and inspiration, and with his proven track record of leadership and success, I believe he’ll continue to grow our company and build for the future. I look forward to the new ideas and fresh focus he’ll bring to Crawford’s leadership team."
Rigby, who will be based in London, will report directly to Andrew Robinson, global chief operating officer, and will be responsible for growing the business, continuing to strengthen Crawford’s global capabilities and realigning the company’s operating model for further efficiency and profitability across the company’s international businesses.
"Crawford's global presence, strength and breadth of capabilities is unmatched by others in the marketplace," Robinson said. "We are excited to have Kieran lead, grow and further develop our operations, as well as pursue new and innovative ways to serve our clients. I look forward to working with Kieran as we realize these ambitions."
Rigby’s appointment follows the resignation of Ian V. Muress, CEO international, after 16 years of dedicated and loyal service to the company.
"We would like to thank Ian for the contribution he has made to the business and for his commitment to our clients," said Agadi. "We wish him well as he moves to the next stage of his career."
"It is a great honor to be given this opportunity," said Rigby. "This is an exciting time for Crawford & Company. It is also a time to critically examine all parts of our operations to grow our revenue and presence in the marketplace – a marketplace that is rapidly changing and requiring our constant innovation."
Throughout his career, Rigby has served in senior leadership positions in claims and loss adjusting, and he’s also active in the industry, holding excellent professional qualifications, including Fellow of the Chartered Insurance Institute, Chartered Insurance Practitioner, Fellow of Chartered Institute of Loss Adjusters and past president of the Federation of European Loss Adjusting Associations.
About Crawford®
Based in Atlanta, Crawford & Company (NYSE:CRD‐A) (NYSE:CRD‐B) is the world’s largest publicly listed independent provider of claims management solutions to insurance companies and self‐insured entities with an expansive global network serving clients in more than 70 countries. The Crawford Solution®offers comprehensive, integrated claims services, business process outsourcing and consulting services for major product lines including property and casualty claims management, workers’ compensation claims and medical management, and legal settlement administration. More information is available at www.crawfordandcompany.com.
Media Contact:
Nancy Hamlet
404.300.1918
nancy.hamlet@us.crawco.com
SOURCE : Crawford & Company
--BERNAMA
NASDAQ SIGNS NEW MARKET TECHNOLOGY DEAL WITH HONG KONG EXCHANGES AND CLEARING LIMITED
HKEX to upgrade derivatives market platform to Nasdaq Financial Framework architecture for trading, clearing and real-time risk management
NEW YORK, April 12 (Bernama-GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq:NDAQ) today announced a new agreement with Hong Kong Exchanges and Clearing Limited (HKEX) to upgrade the technological infrastructure of Hong Kong’s main derivatives market, including trading, clearing and real-time risk management technologies. The agreement also extends the existing relationship for an additional five years. HKEX and Nasdaq have been technology partners since 1994.
Under the agreement with HKEX, Nasdaq will deliver a new multi-asset trading technology engine (Nasdaq Multi Matching Engine), a state-of-the-art multi-asset derivatives clearing engine and a real-time risk management solution (Nasdaq Clearing Engine and Nasdaq Real-Time Risk), which will increase performance, speed, flexibility and resiliency of trading and clearing. Further, the new platform will address the sophisticated risk management and stress testing needs of today’s CCPs and exchanges to manage risk of financial derivatives such as equity, FX, commodities and fixed income asset classes, all under the new Nasdaq Financial Framework architecture. The upgrade is expected to be completed in the second half of 2018.
“We have been able to provide superior capability and very reliable market infrastructure, high priorities at HKEX, with the Nasdaq technology we use in our derivatives market,” said Richard Leung, HKEX’s Co-Head of IT. “We look forward to completing our upgrade smoothly and receiving continued high quality technical support from Nasdaq.”
“Nasdaq is proud of the technology partnership that has existed between our respective organizations for nearly 25 years,” said Lars OttersgÃ¥rd, Executive Vice President and Head of Market Technology, Nasdaq. “HKEX is one of the global capital markets’ true innovators who are committed to the continuous introduction of new technologies to bolster and strengthen the product and services offerings for their clients and partners, along with a rigorous focus on shaping the future of our industry. We are thrilled to support HKEX on this journey and further our relationship in the years to come.”
The architecture that HKEX’s derivatives market will run on, the Nasdaq Financial Framework, is designed to ensure openness, flexibility and the capability of supporting HKEX’s requirements. The solution comprises of a number of seamlessly integrated Business Applications across the trade lifecycle that leverage a single, operational hub. For post-trade operations, the Nasdaq Clearing business application is fully integrated with the Nasdaq Matching Engine, which will allow HKEX to benefit from a more harmonised approach. Additionally, the Nasdaq Financial Framework is built to accommodate continuous change, which allows seamless integration with other third-party trading and post-trade systems, thus supporting a reduction of the total cost of ownership (TCO).
Nasdaq’s exchange technology, including trading, clearing, CSD and market surveillance systems, is in operation in over 100 marketplaces across the Americas, Europe, Asia, Australia, Africa, the Middle East and the Caribbean.
About Nasdaq
Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables clients to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 85 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,800 listed companies with a market value of $10.1 trillion and nearly 18,000 corporate clients. To learn more, visit: business.nasdaq.com.
NDAQG
Contacts
Allan Schoenberg
(212) 231-5534
Allan.Schoenberg@nasdaq.com
Christine Barna
(646) 441-5310
Christine.Barna@nasdaq.com
SOURCE : NASDAQ, Inc.
--BERNAMA
NEW YORK, April 12 (Bernama-GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq:NDAQ) today announced a new agreement with Hong Kong Exchanges and Clearing Limited (HKEX) to upgrade the technological infrastructure of Hong Kong’s main derivatives market, including trading, clearing and real-time risk management technologies. The agreement also extends the existing relationship for an additional five years. HKEX and Nasdaq have been technology partners since 1994.
Under the agreement with HKEX, Nasdaq will deliver a new multi-asset trading technology engine (Nasdaq Multi Matching Engine), a state-of-the-art multi-asset derivatives clearing engine and a real-time risk management solution (Nasdaq Clearing Engine and Nasdaq Real-Time Risk), which will increase performance, speed, flexibility and resiliency of trading and clearing. Further, the new platform will address the sophisticated risk management and stress testing needs of today’s CCPs and exchanges to manage risk of financial derivatives such as equity, FX, commodities and fixed income asset classes, all under the new Nasdaq Financial Framework architecture. The upgrade is expected to be completed in the second half of 2018.
“We have been able to provide superior capability and very reliable market infrastructure, high priorities at HKEX, with the Nasdaq technology we use in our derivatives market,” said Richard Leung, HKEX’s Co-Head of IT. “We look forward to completing our upgrade smoothly and receiving continued high quality technical support from Nasdaq.”
“Nasdaq is proud of the technology partnership that has existed between our respective organizations for nearly 25 years,” said Lars OttersgÃ¥rd, Executive Vice President and Head of Market Technology, Nasdaq. “HKEX is one of the global capital markets’ true innovators who are committed to the continuous introduction of new technologies to bolster and strengthen the product and services offerings for their clients and partners, along with a rigorous focus on shaping the future of our industry. We are thrilled to support HKEX on this journey and further our relationship in the years to come.”
The architecture that HKEX’s derivatives market will run on, the Nasdaq Financial Framework, is designed to ensure openness, flexibility and the capability of supporting HKEX’s requirements. The solution comprises of a number of seamlessly integrated Business Applications across the trade lifecycle that leverage a single, operational hub. For post-trade operations, the Nasdaq Clearing business application is fully integrated with the Nasdaq Matching Engine, which will allow HKEX to benefit from a more harmonised approach. Additionally, the Nasdaq Financial Framework is built to accommodate continuous change, which allows seamless integration with other third-party trading and post-trade systems, thus supporting a reduction of the total cost of ownership (TCO).
Nasdaq’s exchange technology, including trading, clearing, CSD and market surveillance systems, is in operation in over 100 marketplaces across the Americas, Europe, Asia, Australia, Africa, the Middle East and the Caribbean.
About Nasdaq
Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables clients to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 85 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,800 listed companies with a market value of $10.1 trillion and nearly 18,000 corporate clients. To learn more, visit: business.nasdaq.com.
NDAQG
Contacts
Allan Schoenberg
(212) 231-5534
Allan.Schoenberg@nasdaq.com
Christine Barna
(646) 441-5310
Christine.Barna@nasdaq.com
SOURCE : NASDAQ, Inc.
--BERNAMA
Wednesday, 12 April 2017
YUKIO KANAO NAMED GENERAL MANAGER OF IMPERIAL HOTEL, TOKYO
TOKYO, Apr. 12, 2017 /Kyodo JBN-AsiaNet / --
Japan's 127 year-old Imperial Hotel, Ltd. has announced the appointment of Yukio Kanao as General Manager of the Tokyo flagship Imperial Hotel, effective April 1, 2017. Kanao was formerly Deputy General Manager of the Imperial Hotel in Tokyo and Senior Managing Director of Imperial Hotel, Ltd.
Kanao, aged 55, joined Imperial Hotel, Ltd. upon his graduation from Tsukuba University in 1984, and was named Director of Sales at Imperial Hotel, Ltd.'s London office from 1997 to 2000. He was appointed Director of Sales at Imperial Hotel, Ltd.'s New York office from 2000 to 2002, and in 2007 was named Director of Rooms and Restaurants at the Imperial Hotel, Osaka. He was appointed Director of Sales and Marketing for Imperial Hotel, Ltd. in 2011, and from 2014 served as Deputy General Manager of the Imperial Hotel in Tokyo.
http://mrem.bernama.com/viewsm.php?idm=28896
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